Ossur - Investor meeting Tuesday 28 October - live webcast at 12:00 GMT / 13:00 CET/ 8:00 EST

Ossur announces  the results  of the  third quarter  2008 before  the
opening of the markets on Tuesday 28 October.

On Tuesday 28 October 2008   at 12:00 GMT/13:00 CET  Jon  Sigurdsson,
President and CEO, and Hjorleifur  Palsson, CFO, will host a  meeting
presenting and  discussing  the  results of  the  third  quarter  for
investors, analysts and  shareholders. The meeting  will be at  Grand
Hotel Reykjavik and will be conducted in English.

There will be a live broadcast from the meeting on the Ossur website:
www.ossur.com/investors

To call in and participate in  the meeting please call the  following
telephone numbers:
Telephone number for Europe: +44 (0)20 3043 2436
Telephone number for the United States: +1 866 458 40 87
Local Icelandic number: 800 8660

Presentation material will be available on the Company's website
www.ossur.com and the News System of the Iceland Stock Exchange/
Nasdaq OMX:
www.omxnordicexchange.com/newsandstatistics/companynotices and on
www.huginonline.com